A Non-linked Non-Participating Individual

Pure Risk Premium Life Insurance Plan

UIN: 104N118V10

MAX LIFE SMART SECURE PLUS PLAN Here is a personlized illustration for you
(LIFE COVER WITH ~RETURN that showcases how this plan will
OF PREMIUM, LIMITED PAY) benefit you
Mr.

Total Installment Premium (Excl In case of your untimely demise

GST)** : `54,907 Death Benefit : `50,00,000

Sum Assured : `50,00,000 Receive `6,21,924 (All your

premiums back at maturity)

Your Policy Policy

Starts Coverage Ends
You have opted to pay premium for 12 years until you turn 52 years of age
Year 1 Year 35
Age 41 Years Age 75 Years

Additional Benefits## Sum Assured Coverage Term Premium Payment Installment Premium
Term (Excl GST)
Accident Cover Benefit `28,00,000 35 12 `3,080

^
Individual Death Claims Paid Ratio as per Audited Financials for FY 2023-2024 | * As per Public Disclosures 2024.
LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS PRODUCT.
**
Total Installment Premium is the Premium payable as per premium paying frequency chosen, it excludes GST and applicable taxes, cesses or levies, if any; and includes loadings for modal premiums, Underwriting Extra Premium and Rider Premiums if any.
~
The Return of Premium Option is available on payment of Additional Premium. Premium does not include amount paid for riders and is excluding taxes, cesses and levies. Upon Policyholder's selection of Return of Premium variant this product shall be a Non-Linked
Non-Participating Individual Life Insurance Savings Plan.
##
On Payment of Additional Premium.
Max Life Insurance Company Limited is a joint venture between Max Financial Services Limited and Axis Bank Ltd. Max Life Insurance Co. Ltd., Corporate Office: 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram - 122 002(Haryana).
Insurance is a subject matter of solicitation. For more details on risk factors, Terms and Conditions, please read the sales prospectus carefully before concluding a sale. Trade logo displayed belongs to Max Financial Services Ltd. and Axis Bank Ltd. respectively and
with their consents, are used by Max Life Insurance Co. Ltd. Customer Helpline Number: 1860 120 5577. Website: www.maxlifeinsurance.com, SMS 'LIFE' to 5616188.

ARN - Max Life/AURAA/Product Marketing/SSPP/ Smart BI/RSA/TROP/August 2024 IRDAI Regn. No. 104
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
• IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. • Public receiving such phone calls are requested to lodge a police complaint.
 BENEFIT ILLUSTRATION
[Date and Time of Illustration – 30 November 2024, 12:59 PM]

Name of the Prospect/Policyholder: Mr. Proposal No:

Age & Gender: 41 Years, Male Name of the Product: Max Life Smart Secure Plus Plan
Name of the Primary Life Assured: Mr. Tag Line: A Non-Linked Non-Participating Individual Life Insurance Savings Plan
Age & Gender: 41 Years, Male Unique Identification No: 104N118V10
Risk Class: Non Smoker GST Rate (Base Policy, First Year): 4.50%
Name of the Secondary Life Assured, if applicable: NA GST Rate (Base Policy, Subsequent Year): 2.25%
Age & Gender: NA GST Rate (Rider, First Year): NA
Risk Class: NA GST Rate (Rider, Subsequent Year): NA
Policy Term: 35 Years
Premium Payment Term: 12 Years Max Life State: Tamil Nadu
Amount of Installment Premium: `57,794 Policyholder Residential State: Tamil Nadu
Mode of payment of premium: Annual
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Policy Option Life Cover Sum Assured (in Rs.) 50,00,000
Return of Premium Option Yes Sum Assured on Death (at inception of the policy) (in Rs.) 50,00,000

Optional Benefit Details

Optional Benefit Name Applicability/ Opted Sum Assured Coverage Term Payment Term

Accident Cover Yes 28,00,000 35 Years 12 Years

Joint Life Benefit* No NA NA NA

Premium Break No NA NA NA
*In case of either death or diagnosis with Terminal Illness of the Secondary Life before the death or diagnosis with Terminal Illness of Life Insured, then, an amount of Rs. 10 (Ten) lacs will be paid to the Claimant.
However, if the same happens after the death or diagnosis with Terminal Illness of Life Insured, an amount of Rs.50 (Fifty) lacs will be paid to the Claimant.
Rider Details

Rider Name Applicability/ Opted Sum Assured Coverage Term Payment Term

Waiver of Premium (WOP) Plus Rider No NA NA NA

Critical Illness and Disability Rider No NA NA NA

Premium Summary

Accidental Cover Waiver of Premium Critical Illness and Total Installment

Base Plan Joint Life
Benefit Plus Rider Disability Rider Premium

Installment Premium without GST (in Rs.) 51,827 0 3,080 0 0 54,907

Installment Premium with first year GST (in Rs.) 54,159 0 3,634 0 0 57,794
Installment Premium with GST 2nd year onwards (in Rs.) 52,993 0 3,634 0 0 56,628

UIN: 104N118V10 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 1 of 3
 (Amount in Rupees)

Guaranteed Non Guaranteed

Single/ Annualized
Policy Year Guaranteed
Premium Survival Benefits/ Loyalty Special Exit Special Surrender Surrender Value
Other Benefits, if any Maturity Benefit Death Benefit Early Exit Value Surrender
Additions Value Value Payable EOY
Value
1 54,907 - - NA 50,00,000 - - - 13,387 13,387
2 54,907 - - NA 50,00,000 - - 31,096 28,255 31,096
3 54,907 - - NA 50,00,000 - - 54,418 44,723 54,418
4 54,907 - - NA 50,00,000 - - 1,03,654 62,897 1,03,654
5 54,907 - - NA 50,00,000 - - 1,34,750 82,922 1,34,750
6 54,907 - - NA 50,00,000 - - 1,67,919 1,04,863 1,67,919
7 54,907 - - NA 50,00,000 - - 2,03,162 1,28,870 2,03,162
8 54,907 - - NA 50,00,000 - - 2,37,406 1,55,007 2,37,406
9 54,907 - - NA 50,00,000 - - 2,72,956 1,83,366 2,72,956
10 54,907 - - NA 50,00,000 - - 3,09,810 2,14,031 3,09,810
11 54,907 - - NA 50,00,000 - - 3,47,970 2,47,038 3,47,970
12 54,907 - - NA 50,00,000 17,002 - 3,87,436 2,82,559 3,87,436
13 - - - NA 50,00,000 16,262 - 3,95,267 2,95,919 3,95,267
14 - - - NA 50,00,000 15,523 - 4,03,099 3,09,682 4,03,099
15 - - - NA 50,00,000 14,784 - 4,10,931 3,23,798 4,10,931
16 - - - NA 50,00,000 14,045 - 4,18,762 3,38,372 4,18,762
17 - - - NA 50,00,000 13,306 - 4,26,594 3,53,417 4,26,594
18 - - - NA 50,00,000 12,566 - 4,34,425 3,68,996 4,34,425
19 - - - NA 50,00,000 11,827 - 4,42,257 3,85,238 4,42,257
20 - - - NA 50,00,000 11,088 - 4,50,089 4,02,076 4,50,089
21 - - - NA 50,00,000 10,349 - 4,57,920 4,19,301 4,57,920
22 - - - NA 50,00,000 9,610 - 4,65,752 4,36,770 4,65,752
23 - - - NA 50,00,000 8,870 - 4,73,584 4,54,452 4,73,584
24 - - - NA 50,00,000 8,131 - 4,81,415 4,72,257 4,81,415
25 - - - NA 50,00,000 7,392 - 4,89,247 4,90,085 4,90,085
26 - - - NA 50,00,000 6,653 - 4,97,079 5,07,786 5,07,786
27 - - - NA 50,00,000 5,914 - 5,04,910 5,25,228 5,25,228
28 - - - NA 50,00,000 5,174 - 5,12,742 5,42,196 5,42,196
29 - - - NA 50,00,000 4,435 - 5,20,573 5,58,659 5,58,659
30 - - - NA 50,00,000 3,696 - 5,28,405 5,75,754 5,75,754
UIN: 104N118V10 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 2 of 3
 Guaranteed Non Guaranteed
Single/ Annualized
Policy Year Guaranteed
Premium Survival Benefits/ Loyalty Special Exit Special Surrender Surrender Value
Other Benefits, if any Maturity Benefit Death Benefit Early Exit Value Surrender
Additions Value Value Payable EOY
Value
31 - - - NA 50,00,000 2,957 - 5,36,237 5,91,735 5,91,735
32 - - - NA 50,00,000 2,218 - 5,44,068 6,05,080 6,05,080
33 - - - NA 50,00,000 1,478 - 5,51,900 6,15,464 6,15,464
34 - - - NA 50,00,000 739 - 5,59,732 6,21,465 6,21,465
35 - - - 6,21,924 50,00,000 - - 5,59,732 6,21,924 6,21,924

Notes:
• Annualized Premium includes base policy and additional benefits premium, if opted. It excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods and
Service Tax.
• Guaranteed Death Benefit will be paid to the beneficiary, immediately on death of the Life Insured or diagnosis of terminal illness (capped at sum assured of 1 crore) on the Life Insured, whichever is earlier.

Refer Sales literature (Prospectus) for explanation of terms used in this illustration.

I, ……………………………………………. (name), have explained the premiums, and benefits I, ……………………………………………. (name), having received the information with respect
under the product fully to the prospect / policyholder. to the above, have understood the above statement before entering into the contract.

Place: Signature / Thumb Impression / Electronic Signature of Date:11/30/24 Signature / Thumb Impression / Electronic Signature of
Date: 11/30/24 Agent / Intermediary / Official of the insurer Prospect / Policyholder
This system generated benefit illustration shall be treated as signed by me.

UIN: 104N118V10 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 3 of 3